Bitcoin

Bitcoiners Discuss the Impending Bitcoin (BTC) Halving – Coin24h.com


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The most significant contrast between the 2020 halving and the 2024 halving is the dramatic increase in institutional demand. Before the previous halving, institutions were not actively involved in the market, which was mainly driven by retail investors. However, the landscape has since changed significantly. For instance, MicroStrategy did not acquire its first BTC until August 2020. As of April 2024, the company reportedly holds 214,246 BTC (equivalent to roughly $13.625 billion). Currently, around 12.27% of the total 21 million bitcoins are owned by publicly traded companies, private companies, ETFs, and countries.

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